A variation of skim, stemming from a Kimbo Slice reference; shortened to Skimbo to describe an embarrassing situation in a more upbeat manner.
Person 1: Hey bruh, wanna go to the movies?
Person 2: *checks wallet* Aww skimbo, I'm hella broke. I can't, man.
n. Short word for "Skimboard"
We're going to the beach tomorrow, don't forget to bring your skimbo!